SG Credit Partners provides structured term loans tailored to a company’s capital needs. Solutions can come in the form of a senior term loan, second lien term loan, or combination of the two depending on the financing situation.
LOAN SIZES: $1 - $10 million
TERM: 6 – 36 months
AMORTIZATION: Flexible structures around cash flow and liquidity.
INDUSTRIES: Agnostic
OWNERSHIP: Privately Held, Venture / Sponsor-Backed, Public Companies
GEOGRAPHY: U.S. Based Businesses
Second Lien / Split-Lien: Capital need beyond what senior lender is willing to provide and unable to access traditional mezzanine capital and/or have shorter term capital needs requiring speed to close. We specialize in solving situational liquidity behind banks, asset based lenders (ABLs), factors, and other senior credit facility providers.
Senior Secured: Non bankable/asset light businesses that don’t fit other lenders’ credit criteria or bridge loan for quick closing.
One Stop (Bifurcated): Senior secured interest-only loan against current assets + second lien cash flow term loan, often a true timing need and flexibility of one lender preferred.
Characteristics: Situational capital need for working capital/liquidity, growth capital, acquisition financing, and/or special situations.
Revenue: $20 – $100+ million
Proforma EBITDA: $1 – $5+ million
Underwriting: Focus on proforma free cash flow / liquidity for debt service and other assets / enterprise value as secondary source of repayment.
Structure: Second lien / split lien, senior secured, bifurcated.
Characteristics: Emerging growth technology companies seeking non dilutive capital.
Revenue: $3 – $10+ million recurring revenue
EBITDA: Clear path to profitability or sufficient liquidity reserves.
Underwriting: Focus on recurring revenue, liquidity, and enterprise value.
Structure: Second lien / split lien, senior secured, or bifurcated. We will often start senior secured and transition to second lien as the company grows and can obtain traditional bank financing.
Characteristics: Asset rich, cash poor entrepreneur in need of short term liquidity or a bridge loan, sensitive to dilution, speed to close required.
Underwriting: Sufficient net worth, dedicated collateral, and/or future liquidity event to support SGCP’s loan.
Structure: Flexible security positions around financing situation, cash flow, and available collateral.
Headquartered in Southern California with offices in Atlanta, Boston, Chicago and Portland, the SG Credit Partners team has provided in excess of $250 million to 150+ borrowers across a variety of industries.
Our small and nimble deal team, flat decision-making, and streamlined documentation allow us to close deals within 2-3 weeks on average
Our capital allows business owners to preserve and grow their equity.
Amortizing and non-amortizing (interest-only) structures available based on credit profile.
We work in cooperation with senior lenders and communication is important to us. When situations arise during the term of our loan, we amend loans in advance of an issue.
Experienced professionals from investment banking, commercial lending, private equity, venture capital, and BDCs that know how to think outside of the box and execute flawlessly.
200+ deals with private, sponsor/venture-backed, and public companies in partnership with commercial banks, asset based lenders, and alternative senior lenders.